date:Jun 15, 2012
It also suspended, immediately and indefinitely, issuing redeemable A-class and tradeable B-class shares.
The Boards major focus in the past year has been to address the companys debt levels and reestablish our business post-drought, said Sunrice Chairman, Gerry Lawson in a public media release.
Mr Lawson said this announcement did not signal any external bid. We have neither received nor are we soliciting bids as part of this process.
Last year the board of Sunrice recommended a takeover by the